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Dec 22, 2012
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and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at a later point. just lay the ground work at this point. we also know before the president left, he talked by phone with house speaker john boehner. he met in person with harry reid, although what the private happened, we don't know. but publicly things sound a lot like they have for the past few weeks. take a listen. >> every member of congress believes that, e
and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2...
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Dec 22, 2012
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before he left for hawaii president obama issued a stern request to congressional leaders to approve legislation before the end of the year. >> once this legislation has agreed to i expect democrats and republicans to get back to washington and have it pass both chambers. i will immediately sign that legislation into law before january 1st of next year. >> the president was referring to legislation that would prevent a middle class tax hike and would protect unemployment insurance. he spoke after talking by phone with house speaker john boehner and meeting with senate majority leader. >>> the dow industrials dropped 120 points. the nasdaq fell 29. we also saw a number of conflicting economic reports that experts say suggests the economy is not sure where it's going top our consumer editor tom vacar is in san francisco's financial district with some explanations. >> reporter: there are two winds. those that are blowing and the much more important economic cross winds. for the overall economy most critical shopping days are ahead of us. >> i'm very cautious about how i spend now but i
before he left for hawaii president obama issued a stern request to congressional leaders to approve legislation before the end of the year. >> once this legislation has agreed to i expect democrats and republicans to get back to washington and have it pass both chambers. i will immediately sign that legislation into law before january 1st of next year. >> the president was referring to legislation that would prevent a middle class tax hike and would protect unemployment insurance....
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Dec 22, 2012
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and president obama and the first family arrived in hawaii just a short time ago. the president and lawmakers are expected to return thursday after the christmas break. before leaving washington, mr. obama and house speaker john boehner both expressed hope that a deal will actually get done. >> we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle that the fundamental reform of our tax code will help us get our economy moving faster and put more americans back to work. and more americans on -- how we get there, god only knows. >> i asked for a compromise from members of congress, i met them more than halfway on spending and met them halfway on taxes. in terms of actual dollar amounts, we're not that far apart. as of today, i am still ready and willing to get a comprehensive package done. >> but time is running out. to reach an agreement, there are now just ten days left until automatic tax hikes and spending cuts do take effect. the s&p 500 and the nasdaq finished in some negative territory for the day. inve
and president obama and the first family arrived in hawaii just a short time ago. the president and lawmakers are expected to return thursday after the christmas break. before leaving washington, mr. obama and house speaker john boehner both expressed hope that a deal will actually get done. >> we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle that the fundamental reform of our tax code will help us get our economy moving...
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Dec 22, 2012
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congressman, it doesn't make sense and we were just talking with kristen welker in hawaii. does it make sense that the president is on vacation when we're days away from the fiscal cliff? some voters might be look at that. >> it's a perception issue and as a practical matter you can do your work wherever you are especially if you're the president. bottom line, it's become clear that mr. boehner, despite my view, his best efforts can't get the votes in the republican conference. so any -- anything that we'll do before the january 1st deadline will have to be negotiated with mr. reed and they'll come back to the house and probably be passed with democratic votes. that's the only path forward and it obviously would be a long way from a grand bargain. >> are you fine with that, congressman? that he's not going to go for the grand bargain recently saying that he'll go for something less? >> it's a disappointment. we need a grand bargain and this is a great disappointment to many of us on both sides of the aisle. the other thing is even if we get something that deals with the tax
congressman, it doesn't make sense and we were just talking with kristen welker in hawaii. does it make sense that the president is on vacation when we're days away from the fiscal cliff? some voters might be look at that. >> it's a perception issue and as a practical matter you can do your work wherever you are especially if you're the president. bottom line, it's become clear that mr. boehner, despite my view, his best efforts can't get the votes in the republican conference. so any --...
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Dec 22, 2012
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are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend unemployment benefits for 2 million americans. those are expiring about a week after christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and mayb
are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said...
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Dec 22, 2012
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>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner stripped out of their positions and we see them on the screen, what beef did they have? was it simply because they were stripped of their titles? >> look, i think there's a fundamental divide between them and not only speaker boehner with a lot of the republican conference. these guys lost their assignments voting against republicans a lot, but also members of the republican steering committee that led the committee led by speaker boehner have basically said that these guys have gone to another level of trying to hurt the team over the last couple of years and tha
>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner...
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Dec 22, 2012
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president barack obama is now in hawaii for christmas with his family. yesterday, he urged the congress to adopt a stopgap measure to keep benefits flowing to unemployed workers that prevent taxes from rising on income under $250,000 a year. house speaker john boehner, he's home in cincinnati tonight. he failed the get mobs of his -- to get members of his own party to support the plan b. proposal for ending the crisis. today boehner was blaming democrats for the stale mail by refusing to include -- stalemate by refusing to include entitlements in the proposal. >> what the president is offering so far won't do anything to solve the problem. instead he wants more spending and more tax hikes that will hurt the economy. and he refuses to challenge the members of his party to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find ourselves here today. >> president said on friday that since the deal has not been reached he would be returning to washington sometime after christmas. >>> workers won't feel all
president barack obama is now in hawaii for christmas with his family. yesterday, he urged the congress to adopt a stopgap measure to keep benefits flowing to unemployed workers that prevent taxes from rising on income under $250,000 a year. house speaker john boehner, he's home in cincinnati tonight. he failed the get mobs of his -- to get members of his own party to support the plan b. proposal for ending the crisis. today boehner was blaming democrats for the stale mail by refusing to...
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Dec 22, 2012
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the first family arriving in hawaii for the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unveiled that plan. nra executive vice president wayne lapierre says the u.s. should put armed guards in al
the first family arriving in hawaii for the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable...
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Dec 22, 2012
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good to see you. >>> the president in hawaii for christmas. is he coming back for fiscal cliff talks on december 26? live report from honolulu next. >>> also the lee big money headlines. dropping, shopping, should we be stopping? we are reduced to rhyming. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. but since i've been on alli, am i on this one? nope. am i on this one? no, no, no, no, no. i am on this one. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. belt-friendly. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. >>> good day to all of you. welcome to "weekends with alex witt." president obama sing vacation g vacationing. he a
good to see you. >>> the president in hawaii for christmas. is he coming back for fiscal cliff talks on december 26? live report from honolulu next. >>> also the lee big money headlines. dropping, shopping, should we be stopping? we are reduced to rhyming. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is...
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Dec 22, 2012
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the first family touched down in hawaii and will be staying in their vacation home . no public events are schedule would and an iowa couple who won a 202 million jackpot last december is donating three million to the son's high school for a new football stadium. there is a catch. no, they don't at any point named after them. they want the visitor's locker room painted pink. it all started as a joke. >> that is odd. but if they are giving out the money they can do what theyment. thank you for much. >> head of the n thereto ra said the way to keep schools safe is put more guns out there. increased and armed in school is sparking controversy. rick joined with more on reaction. >> after a week of silence. the national rifle association held a press conference and sparked more debate. nra has four million member power to vote and lobby for or against stricter gun laws and after the sandy hook shooting when a troubled 20 year old fired his way in a yute to execute 20 women and six women. there was great n interest in the >>nr'ses-- nra's response. >> only way to stop is to
the first family touched down in hawaii and will be staying in their vacation home . no public events are schedule would and an iowa couple who won a 202 million jackpot last december is donating three million to the son's high school for a new football stadium. there is a catch. no, they don't at any point named after them. they want the visitor's locker room painted pink. it all started as a joke. >> that is odd. but if they are giving out the money they can do what theyment. thank you...
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at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibily. with their votes. this is our president speaking, with ebro's the american people have determined that governing is a shared responsibility, are you ready, between both parties, the same guy who has been fighting tooth and nail. he does not even talk like the same guy. >> he has to go a little bit further and reducing entitlements long term if there is going to be any reason to believe that we are making substantial, credible progress and studying the deficit. lou: i'm going to quickly pose the one question. there is some smart money suggesting that we are going to see this thing get pushed beyond january 1st. >> oh, sure. lou: of retroactive, don't worry about it. just dust yourself off. you know, drop five gotten, 15, 20, whenever. do you think that it -- is it possible that we would see a market pulled year rather than sell-off given that they say they're going to fix it atsom
at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibily. with their votes. this is our president speaking, with ebro's the american people have determined that governing is a shared responsibility, are you ready, between both parties, the same guy who has been fighting tooth and nail. he does not even talk like the same guy. >> he has to go a little bit further and reducing...
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Dec 22, 2012
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>> well, i have to tell you, a few minutes ago, president obama landed in hawaii, 72 degrees there was the temperature on the ground. certainly warmer than it is in washington, certainly warmer than the political climate that president obama left behind here here in washington. it was a strip down agreement. he basically is saying we have to come up with some solution to help the majority of american taxpayers while we still avoid coming up with the majority of the details for what was supposed to help us avoid the fiscal cliff. it would ensure tax rates would not go up for 98% of americans, it would also ensure that unemployment benefits would be extended for about 2 million americans who would lose them otherwise if we went over the fiscal cliff. finally, it would work to lay the groundwork for the larger reform. so if we're looking for specific details here, not a whole lot of them. this is coming up with almost an emergency solution. we know that president obama did speak by phone with speaker john boehner yesterday, met at the white house with democrat harry reid. however, publicl
>> well, i have to tell you, a few minutes ago, president obama landed in hawaii, 72 degrees there was the temperature on the ground. certainly warmer than it is in washington, certainly warmer than the political climate that president obama left behind here here in washington. it was a strip down agreement. he basically is saying we have to come up with some solution to help the majority of american taxpayers while we still avoid coming up with the majority of the details for what was...
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Dec 22, 2012
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mess hall in hawaii. when someone asked him how he wanted to be recommended, he said i represented the people of hawaii and this nation honestly and to the best of my ability. i think i did okay. danny, you were more than okay. you were extraordinary. it's been mentioned that danny ended his convention speech in chicago in 1948 with the word aloha. to some of you who visit us may have meant hello, he said, but to others it may have meant goodbye. those of us who have been privileged to live in hawaii understand aloha means i love you. and as someone who has been privileged to live in hawaii, i know that he embodied the very best of that spirit. the very best of a law. it's fitting it was the last word he spoke on this earth. he may have been saying goodbye to us, maybe he was saying hell throw someone waiting on the other side, but it was the final expression most of all with his love for the family and friends that he cared so much about, to the men and women he was honored to serve with, to the country
mess hall in hawaii. when someone asked him how he wanted to be recommended, he said i represented the people of hawaii and this nation honestly and to the best of my ability. i think i did okay. danny, you were more than okay. you were extraordinary. it's been mentioned that danny ended his convention speech in chicago in 1948 with the word aloha. to some of you who visit us may have meant hello, he said, but to others it may have meant goodbye. those of us who have been privileged to live in...
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Dec 22, 2012
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president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are both positive and feel something can get done. while both sides are away, the away and president in hawaii, can they get something done? >> reporter: well, look, richard, this will be a working vacation for president obama and i can also tell you that staffers on both sides of pennsylvania avenue will be in talks over the next several days despite the fact that they are technically on vacation. will they be able to get manage done that is significant over the next several days? probably not. but of course, lawmakers will head back to d.c. after the christmas holiday and resume negotiations again, and i expect we will see president obama cut his vaca
president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are both positive and feel something can get done....
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the president has left, he is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's stop everyone from having their taxes go up and do something smaller so on january 1st it's not just this big looming.... >> does that mean the president could offer extend the tax rates for six months and begin negotiating all over again beginning in january, obviously that would be the usual procrastination in washington, is that what you are talking about here? >> i think what will happen, the president will look for ways to gain the most leverage for himself. the conventional wisdom, democrats really gain power if january 1st comes along and everybody's taxes goes up. it brings re
the president has left, he is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's...
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american leaders past and present paid tribute today to the late senator daniel inouye of hawaii. a crowd filled the national cathedral in washington for the service honoring the japanese- american who became a war hero and served in the senate more than 50 years. president obama recalled watching inouye during the televised watergate hearings in 1973. >> to see this man, this senator, this powerful, accomplished person who was not a central cast. and the way he commanded the respect of an entire nation, i think it hinted to me what might be possible in my own life. >> sreenivasan: inouye died monday at the age of 88. a pre-christmas storm rumbled across the great lakes today, toward canada. the storm had closed roads and grounded more than 1,000 flights on thursday. but as conditions improved, chicago's o'hare international and other airports returned to normal for one of the busiest days of the year. elsewhere, parts of wisconsin, iowa, and michigan dug out from more than a foot of snow. the storm was blamed for at least nine deaths in half a dozen states. the day that some pegg
american leaders past and present paid tribute today to the late senator daniel inouye of hawaii. a crowd filled the national cathedral in washington for the service honoring the japanese- american who became a war hero and served in the senate more than 50 years. president obama recalled watching inouye during the televised watergate hearings in 1973. >> to see this man, this senator, this powerful, accomplished person who was not a central cast. and the way he commanded the respect of...
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Dec 22, 2012
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guest: he is in hawaii. host: what you think about his question? guest: you are expressing the sentiment of a lot of people. i am and republican. i talked to a lot of employers in this country. they say, we are 10 or 11 days away from the start of the a. we do not know what taxes are going to look like. we do not know what the pay will tax, the dividend tax. how do you plan? this is a banana republic stuff. it is insane that we do not know what our tax system will be like in 10 days. i am as frustrated as a lot of guilt colors. host: an article with the headline, on the brain of a cliff. they lie that the government reported strong -- -- brink of a cliff. they write that the government reported strong economic numbers, providing critical support for additional spending. it gives rise to hopes that the economy is gaining enough momentum to enjoy a robust recovery in 2013. the housing market is enjoying a broad rebound and other signs are pointing up. if these signs show that the economy is moving forward and rolling, what is the concern about whethe
guest: he is in hawaii. host: what you think about his question? guest: you are expressing the sentiment of a lot of people. i am and republican. i talked to a lot of employers in this country. they say, we are 10 or 11 days away from the start of the a. we do not know what taxes are going to look like. we do not know what the pay will tax, the dividend tax. how do you plan? this is a banana republic stuff. it is insane that we do not know what our tax system will be like in 10 days. i am as...
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as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for house speaker john boehner, really spent most of the day, explaining what has been views as a political blow, when on thursday, many republicans refused to back his plan b. that is speaker boehner's alternative plan for avoiding the fiscal cliff and called for allowing rates to go up on those making $1 million or more. here is a little more of what house speaker john boehner and president obama had to say on friday. take a listen. >> we have a number of our members who didn't want to be perceived as having raised taxes. >>
as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for...
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. >> now, the first family on their way to hawaii for the holidays. the president says he'll return to washington if there's a deal. >>> there were five funerals in newtown, connecticut, today for two adults and three children. six-year-old olivia engle loved being a big sister and helping her little brother explore. dillon loved chocolate. grace's family says she dreamed of being a painter. >>> we started to see all the ribbons and all your tributes to emily, everywhere, and a lot of you guys don't even know who she is. a lot of you never even met her. >> the last two faculty members were also laid to rest today. rachel's boyfriend was planning to propose on christmas eve. school psychologist mary sherlock was remembered for her devotion to kids in trouble. >>> condolence letters have overwhelmed the newtown post office. they started coming immediately. at first, a few hundred. now there are thousands each and every day, coming from all over the world. the postmaster says it's hard not to cry as they sort the mail. >>> the nra has promised, in its ow
. >> now, the first family on their way to hawaii for the holidays. the president says he'll return to washington if there's a deal. >>> there were five funerals in newtown, connecticut, today for two adults and three children. six-year-old olivia engle loved being a big sister and helping her little brother explore. dillon loved chocolate. grace's family says she dreamed of being a painter. >>> we started to see all the ribbons and all your tributes to emily,...
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. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun violence. what this man says it is time to do about guns and his push to make it happen. >> a foot of new snow [ bells ] >>> the names of each victim killed in the connecticut school shooting at sandy hook elementary school in newton, connecticut were read today. mourners observed a moment of silence to mark one week. many gathered in the rain outside the school to pay respects. >>> the head of the national rifle association layed out a plan to stop the killings. ktvu's eric rasmussen found one man who is leading a different fight to treat gun violence as a public health epidemic. >> reporter: he is one of hundreds of petitions that sprung up since the tragedy at sandy hook elementary school. >> r
. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun violence. what this man says it is time to do about guns and his push to make it happen. >> a foot of new snow [ bells ]...
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Dec 22, 2012
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. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun violence. what this man says it is time to do about guns and his push to make it happen. >> a foot of new snow in the sierra, the storm that caught drivers off guard. >> and our coverage continues, mark tamayo will have the already forecast. forecast-- will have the holiday forecast. Ño [ bells ] >>> the names of each victim killed in the connecticut school shooting at sandy hook elementary school in newton, connecticut were read today. mourners observed a moment of silence to mark one week. many gathered in the rain outside the school to pay respects. >>> the head of the national rifle association layed out a plan to stop the killings. ktvu's eric rasmussen found one man who is leading a differe
. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun violence. what this man says it is time to do about guns and his push to make it happen. >> a foot of new snow in the...
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what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so
what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down...
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the president and his family in his native hawaii. he is planning to return to washington after christmas. >>> it's official. bp oil company will pay up to the tune of $7.8 billion. that's a class action settlement amount. they agreed to pay to about 100,000 businesses and individuals for the biggest oil spill in american history. a federal judge formlized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits of their own. >>> a former marine who spent more than four months in a mexican prison is free today, and heading home to florida. jon hammar was locked up in august on weapons charges. his family says he was physically abused in custody, threatened and chained to a bed and never saw a judge. u.s. lawmakers and diplomats got involved on hammar's behalf and convinced mexican authorities to release him. >>> the last victims of the connecticut mass shooting are being laid to rest. funerals for three little girls were held today, but as families said their final goodness,
the president and his family in his native hawaii. he is planning to return to washington after christmas. >>> it's official. bp oil company will pay up to the tune of $7.8 billion. that's a class action settlement amount. they agreed to pay to about 100,000 businesses and individuals for the biggest oil spill in american history. a federal judge formlized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits of their own....
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family getting ready to depart from andrews air force base en route to their christmas vacation in hawaii. this is "hardball" the place for politics. >>> it's official. president obama announced he would replace secretary of state with john kerry. >> i'm very proud to announce my nomination for secretary of state, john kerry. in a sense, jorn's entire life has prepared him for this role. as the son of a foreign service officer, he has a deep respect for the men and women of the state department. having served with valor in vietnam, he understands that we have a responsibility to use american power wisely, especially our military pow. >> what does today's announcement mean for the president's second term. and what does it mean for kerry's senate seat? susan milligan and robert costa. >>> susan, president obama and senator kerry have shared a unique history over the past eight years and that's something that the president referred to today. >> of course, i also have to say thanks because john invited a young illinois state senator to address the democratic convention in boston. i was proud
family getting ready to depart from andrews air force base en route to their christmas vacation in hawaii. this is "hardball" the place for politics. >>> it's official. president obama announced he would replace secretary of state with john kerry. >> i'm very proud to announce my nomination for secretary of state, john kerry. in a sense, jorn's entire life has prepared him for this role. as the son of a foreign service officer, he has a deep respect for the men and...
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cnn's brianna keilar is live in hawaii where the president is vacationing. br breanna, is the president overly optimistic a last-minute deal can be reached? >> reporter: i don't know, miguel, if you could say overly optimistic. we heard him last night in the briefing room of the white house saying he's a hopeless optimist that something can still be done. but the fact is it's going to be something smaller. he's now pushing for tax cuts to be preserved for americans making $250,000 or less and pushing for unemployment benefits to be extended for a couple million americans. listen to some of what he said but also still some of the house republican opposition to this short-term plan he's pushing. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle-class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> the president's solution of raising tax r
cnn's brianna keilar is live in hawaii where the president is vacationing. br breanna, is the president overly optimistic a last-minute deal can be reached? >> reporter: i don't know, miguel, if you could say overly optimistic. we heard him last night in the briefing room of the white house saying he's a hopeless optimist that something can still be done. but the fact is it's going to be something smaller. he's now pushing for tax cuts to be preserved for americans making $250,000 or less...
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family getting ready to depart from andrews air force base en route to their christmas vacation in hawaii. this is "hardball" the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! >>> one of the busiest travel days of the year has become one of the more treacherous as a slick winter storm moves east. more than 650 flights have been cancelled. 9,000 have been sde layed. and investors cuts their pace today with setbacks in the fiscal cliff. s&p down 13 rand the nasdaq tum
family getting ready to depart from andrews air force base en route to their christmas vacation in hawaii. this is "hardball" the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life...
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they're arriving in hawaii early this morning for the family vacation. touching down after midnight in honolulu, and releasing the president's final address to the nation before the the new year, here is a bit of it. >> that's what makes the season so special, getting to spend time with the people we love most. >> and this year, that's especially true for some of our military families, you see shall the war in iraq is over, the transition in afghanistan is underway, and after a decade of war, our heroes are coming home. all across america military families are reuniting. so this week, let's give thanks for our veterans and their families and let's say a prayer for all our troops, especially those in afghanistan, who are spending this holiday season overseas, risking their lives to defend the freedoms we hold so dearly. >> jamie: we appreciate what they do. and in the republican address, house speaker john boehner focusing on a yet to be decided plan to avert the so-called fiscal cliff, saying it's now up to the president and democratically controlled nat
they're arriving in hawaii early this morning for the family vacation. touching down after midnight in honolulu, and releasing the president's final address to the nation before the the new year, here is a bit of it. >> that's what makes the season so special, getting to spend time with the people we love most. >> and this year, that's especially true for some of our military families, you see shall the war in iraq is over, the transition in afghanistan is underway, and after a...
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here goes the president to hawaii. i mean, where is the sense of urgency here? and i blame all lawmakers for this. >> i agree with you, ed. i mean, i think the optics of this is really disturbing. if you are sitting at home, and you're telling yourself, okay, i'm not quite sure what is going to happen with my tax rates and for next year. so how much am i going to spend now on christmas? how much am i getting back? those kinds of questions, that kind of uncertainty, what is going to happen with payroll taxes, what is going to happen with unemployment. and you see everybody kind of just leaving town, great that they're willing to come back next week, but you know what, most of us when we have work to do, we sit there and we get it done. we don't get to leave and come back when it's convenient for us. so, yeah, i think it would be much better if these guys showed a little more dedication and just sat here and got it done. >> all right. home for the holidays. and no deal. karen finney, great to have you with us tonight. thanks so much for joining us. remember to ans
here goes the president to hawaii. i mean, where is the sense of urgency here? and i blame all lawmakers for this. >> i agree with you, ed. i mean, i think the optics of this is really disturbing. if you are sitting at home, and you're telling yourself, okay, i'm not quite sure what is going to happen with my tax rates and for next year. so how much am i going to spend now on christmas? how much am i getting back? those kinds of questions, that kind of uncertainty, what is going to happen...
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. >> reporter: shortly before he left for hawaii president obama urged congressional leaders to address a smaller plan to avert the fiscal cliff because his talk with speaker boehner on a smaller deal have stalled. >> i met them halfway on taxes, and i met them more than halfway on spending. >> reporter: that was not speaker boehner's take earlier in the day. >> what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy. >> reporter: but boehner's position was weakened after he tried but failed to pass his own plan in the house. >> as you know the house did not take up the tax bill last night because we didn't have the votes to pass it. it's not the outcome that i wanted, but that was the will of the house. >> now president obama says boehner and other congressional leaders should put together a peared down package that keeps middle class tax cuts extends unemployment benefits and lays the groundwork for more debt reduction next year. >> nobody gets 100% of what they want. everybody'
. >> reporter: shortly before he left for hawaii president obama urged congressional leaders to address a smaller plan to avert the fiscal cliff because his talk with speaker boehner on a smaller deal have stalled. >> i met them halfway on taxes, and i met them more than halfway on spending. >> reporter: that was not speaker boehner's take earlier in the day. >> what the president has proposed so far simply won't do anything to solve our spending problem. he wants more...
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. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together s
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt...
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before heading to hawaii. he warned it's time for party leaders to take action. karen caifa reports from washington, where members of congress have also left town. >> the next few days i have asked leaders of congress to help work out a package. this will protect unemployment for millions of americans. >> remarks came after john boehner failed to muster up -- >> we had a number of our members who just did not want to be perceived as raising taxes. >> the two sides both left for christmas holiday and they blamed each other for not acting. they stated that more action is needed from the gop. >> we will need to have a bipartisan solution. >> the next move will need to call from the present. >> he is the only one who could door. this is not john boehners problem to solve. >> in washington, i am karen caifa. >> and now to connecticut were new details are emerging about sandy hooke elementary school gunmen adam lanza. for those who know him say that he was an awkward, peculiar kid who wore the same close to school every day. if they say that glance up rarely spoke once
before heading to hawaii. he warned it's time for party leaders to take action. karen caifa reports from washington, where members of congress have also left town. >> the next few days i have asked leaders of congress to help work out a package. this will protect unemployment for millions of americans. >> remarks came after john boehner failed to muster up -- >> we had a number of our members who just did not want to be perceived as raising taxes. >> the two sides both...
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president obama here in hawaii. the next step will be for the senate to reconvene, which it's scheduled to do december 27th. till then, it's up to the white house to try to work out a situation at least on the tax cuts that are set to expire at the end of the year, work out a deal with the senate majority leader, harry reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only republican support but democratic support, as well. and the president holding out hope this could happen. take a listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> but the chances of getting something big done that deals with the fiscal health of the country, miguel, out the window at this point. this is something we're talking about to deal just with those tax cut
president obama here in hawaii. the next step will be for the senate to reconvene, which it's scheduled to do december 27th. till then, it's up to the white house to try to work out a situation at least on the tax cuts that are set to expire at the end of the year, work out a deal with the senate majority leader, harry reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only...
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so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. >> in the next few days, i've asked leaders of congress to work toward a package that pre
so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in...
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. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> wow. ten days. so, will the fiscal cliff solve in ten days? i know there's a deal out there some place it may not be until january, but let's ask our free market friday panel what they think. we have the columnist for the hill and former dnc communications director katie pavlitz. and mr. greenhaus is going to stay with us. all right, katie. first of all, obama basically said in ten days we can get a deal, it sounds like a small deal, 250,000 is the middle class threshold after mr. boehner's plan "b" got defeated. is such a thing possible? or will we have to wait until the new year? >> we're probably
. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten...
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. >> the first family is spending this holiday in hawaii. this is new video of them arriving at the air force base from overnight. the president said he will be back in washington next week to deal with the budget but he is not the only one leaving town. republicans and democrats, senators and representatives all headed home for the holidays before reaching any agreement on ways to avoid end of the year tax hikes and budget cuts. the house speaker used the gop weekly address to say republicans will maintain their focus on reaching a deal. >> i have challenged the members of our party to grapple with these issues, to make choices and we are willing to because washington has a serious spending problem. this was the year of the size our debt, all 16 trillon dollars of it passed the size of our economy. it's a grim milestone. >> both sides continue to blame the other for not compromising. with no agreement the budget cuts and tax hikes will go into effect january 1st. >> it's more likely than ever that eastern and gulfports will be shut down by
. >> the first family is spending this holiday in hawaii. this is new video of them arriving at the air force base from overnight. the president said he will be back in washington next week to deal with the budget but he is not the only one leaving town. republicans and democrats, senators and representatives all headed home for the holidays before reaching any agreement on ways to avoid end of the year tax hikes and budget cuts. the house speaker used the gop weekly address to say...